Cushman & Wakefield's James Young is relocating from London to Singapore to help spearhead a major expansion of its Asia-Pacific business.
The company announced in December that Young, who is head of investor services in Europe, the Middle East and Africa, was expanding his role to include the Asia-Pacific region with effect from January 2023.
Speaking to CoStar News for a video interview at the Mipim 2023 conference in Cannes, Young said he would now be relocating from London to Singapore to help with the company's plans to double the size its brokerage business in Asia-Pacific over the coming years. The company has around 14,500 staff across the region advising occupier and investor clients.
Young said: "It's very exciting to be moving to Singapore. We have around 120 staff working there in brokerage with much more in property management. The growth we are looking at across APAC will be more significant than in EMEA in the near term and we are looking to double in size."
Young added: "It will be quite good to be able to head over to Bali at the weekend as opposed to Devon."
Speaking about the role in December, Young said in a statement: “The EMEA and Asia-Pacific regions share many characteristics, comprising established destinations for global capital alongside less mature real estate markets. Having always had a global outlook, I’m excited to expand my role to help support our clients in navigating local market nuances as they seek to allocate capital and maximise returns. We are currently experiencing a challenging economic environment across the globe, but that will inevitably lead to opportunities for our clients. We want to position ourselves to help investors re-examine their assets, diversify their options and prepare for the rebound.”
Cushman & Wakefield’s investor services platform includes capital markets, agency leasing, valuation and advisory, project and development services and asset services. Young will work with service line leads in both regions
Young has been with Cushman & Wakefield for 32 years and held several leadership roles in EMEA as well as advising on landmark transactions for some of the world’s largest companies. He will sit on the executive committees in both regions.
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